thankfully she did respond and say is he still welcome to come home. that's good. >> text me honey. >> all good. >> final trade time. >> long marathon petroleum. >> josh brown. >> trading the tv in my home in for some cash. >> pete. >> go with deutsche bank. >> have a great rest of the bank. power lunch begins now. >> halftime is over. power lunch and the second half of the trading day start right now. >> scott, thank you so much. yes, the dow is rallying triple digits, but you know what the big story is. it is oil. prices surging right now. up 15% in just the past four days. oil stocks, they're going along for the ride. plus oil, has it finally bottomed? we'll talk about that and more. shares of sinoco archer daniels, u.t. all raising their dividends. are these stocks worth buying? we go hunting for yield this hour. all three of them where to put your money for income. uber taking on google. google in driverless cars. just how far are we from

driverless cars being a reality? would you trust them? we'll take a look at that this hour, but, first, let's go to sue who is back at the nyse. hi, sue. >> i sure am ty. stocks are soaring right now. we have a triple digit advance in the dow jones industrial average. the dow is on the up side by 160 points. the s&p is higher by about 12.2/3. nasdaq higher by 9.5 or close to that, and the russell 2,000 is up 12. as ty mentioned, oil is really one of the big stories today. it's rallying. it's a best west texas intermediate, and brent crude is up almost 4%. it has a lot of us asking has oil bottomed? we're going to talk about that in just a moment. first, bob come on into the light. bob pasani welcome back from florida, by the way. >> pleasure to be back. we are just rallying in oil here. oil just jumped by 60 cents in the last 20 to 30 minutes. we're at $52. moving up. let's take a look at the arguments. my heavened, there are such arguments today. some people are against it.

recount is down. capital expenditures are cut. there's been strikes in the u.s. shale sector, and we have a rare day. the dollar is weak today. that tends to help oil and oil-related stocks. this is the names you know really well. bp had some cautious comments but keeping the dividend that stock is up 2%. royal deutsche shell. royal deutsching up a short while ago. chevron below 100. these are the last couple of days. all of them have bottomed here. other sectors in the energy plays are moving up strongly today. mcdermott is up. transocean. herbing lose, one of the big drillers. look at the moves. they too, bottomed several days ago. let's move on. base metals are strong. it's want just oil. copper bottomed several days ago, and it looks like it's trying to rally again here from the second day in a row. that means stocks like copper names like freeport mcmoran and southern copper also strong here. up 4% 5% 6%. when you are interested in this sue, there's an etf for that.

you can buy the companies themselves but you can also buy the metals. the dbb has a huge volume today. on aluminum and zinc. these are futures contracts on the metals. there's an etf for that. dbb is the symbol. >> of course there's an etf for that. there's an etf for everything. >> up to you. >> terrible story to tell you. the islamic state hitting a new low. burning a captive jordanian pilot alive. amman javers has more. >> it's a gruesome video of the jordanian pilot in a cage being burned alive by isis forces. the u.s. intelligence community saying it's working now to

verify that this video is accurate. just a few minutes ago, president obama said that if it is accurate the video shows the barbaradi of the islamic state. here's the president. >> i don't know the details of the confirmations, but should in fact, this video be authentic, it's just one more indication of the viciousness and barbaradi of had organization and this organization appears only interested in death and destruction. >> now, the fate of this pilot, tyler, has been a very closely watched story in jordan among the public there. one of the follow-on effects will be to watch and see what impact this has on domestic opinion in jordan of jordan's participation in the fight against isis tyler. >> thank you very much. eamon. sue down to you. >> such a horrible story. oil rallying again. erasing its losses now for 2015.

we showed you the numbers before, but they're worth looking at once again with west texas intermediate up almost 5%. ice brent crude up 3 3/4%. crude prices have sujed in the past four days. check out gasoline. up in the past seven days after being down for the past 120 days. prices up 14% in the past week. has oil finally bottomed? joining us from the nigh maximum is peter who is president of chicago energies incorporated. that's the question that everybody is asking down here peter. what do you think? >> not sure whether or not it's bottomed yet for the long-term. one of the things we're seeing here is the saudi king died and all of a sudden we're not having the same news out of opec. they were talking prices down before. now instead of talking prices down, he dies and you get news coming out that they see $200 crude at some point in the future. it just seems that the news

we're getting out of opec is changed. >> all right. so if you -- you are a betting guy. you have to bet on the markets every day. are you betting that it continues to move higher and if so by how much, and are we going to go lower and by how much? >> well, with the price action that we had recently since we went through yesterday's highs, technically it does say that we should test up to $60 in the very short-term. whether or not that holds true in the long-term, i don't know. i don't see anything happening fundamentally that's going to keep it up at those levels. >> appreciate your perspective. ty, up to you. >> well, sue, as bob mentioned just a moment ago, energy stocks have been rallying this hour. with oil prices soaring over the past few days oil service companies most notably perhaps are going along for the ride. dominik chu has been tracking the big movers in the oil sector, and here's some that have done pretty well. >> well i mean if the overall oil sector is filled with all different kinds of companies, you got the explorers, you've got some of the refiners, you

have the oil services companies. you saw as bob mentioned transocean. it's big. some of the mcdermotts are up big. check this out here. year-to-date these three stocks have been the best performers in the s&p 500 energy sector through at least the end of yesterday. >> they're up 10% a piece. they're on a huge run over the past two weeks because of the price action in crude oil. if you take a look going back to mid-june, back when crude prices peaked for wti, college this out because valero you can see here, over the past year is still up about 10%, and then you go through and cycle through again with what's happening with tesoro and some of the other names here. they, you can see here as well tesoro, up about 38% over the

course of at least since june 20th. you can see there a big move higher. then, of course newfield exploration, that lost a quarter of its value since that june 20th period. >> the energy stocks are getting a bid underneath them. would you be entering into them at this point? >> we've seen a significant bounce over crude prices in the last few days. the fears is it is predicated on news like recounts obviously coming down. the january recount number was

eye-popping, and also cap ex's announcements that we've heard from all the oil majors and all the companies about how much they're pulling back of cap it ex. that's good news. remember, production is still going up. that's going to continue but the process isn't like flipping a light switch. our production in the u.s. is going to go up at least two the first half of 2016 and, by the way, opec's production in january was up over december. you know the supply response will happen. it just takes a while. this may be a bit of a head fake bounce here, but it's constructive to see, you know a few days stabilization as commodity prices that help the broader market. it's encouraging, and it may not be the last but it's certainly working in the right direction. just be careful not to -- >> john why don't you weigh in on that? we did see exxon with the results, and everybody thought they would cut cap ex and they didn't. they are raising dividends in various parts of the sector.

how do you feel about big oil? >> i fwrae with art. certainly for the health of the entire oil market ilgs better to see the price of crude up 10% to 15% the last four days than down another 10% to 15%. >> the dividend is being increased by some of the stocks. if you want to play the dividend game, not necessarily just in oil, you like brookfield properties. why? >> well, you know the thing about dividends is people have been in names like proctor and game bell, microsoft. you know these are names -- mcdonald's -- that were offering attract i yields but you have a

material capital drop in the value of those shares over the last month or so. >> you are looking at a business that owns tremendous assets. they got a deal to get can ari wharf in london, and brookfield place in new york. they own about one-third of general growth properties, you know malls in the u.s. they're growing about -- their funds from operations about 10% roughly year-over-year, and we just think, you know at 4% better than 4% yield than we think they're going to raise it again when they report tomorrow, that's a safe attractive place to generate dividends. >> art, give me your best place for dividends. >> you know i agree with john. he brings up a good point. you are talking about consistent defensive dividend capture. we see that in the mlp's. if you think about mlp's, like a

magellon. it transports energy product in the united states that holds about 40% of it between production and refiners, and here's a way to sit back and have a distribution that is steady, it's fee-based, it's not on the stock market. you actually have current consistent dividend yield and certainly a lot higher than you get from the ten-year treasury right now. as we look at your safest plays, i think john made a good point. there are some dividend plays that have gotten over bought and i still think there's a lot of opportunity in the mlp's. >> all right, thanks, guys. appreciate it art and john. you can check out art's other dividend plays by going to power lunch.cnbc.com right now to see what else he is pullish on. once again, that's power lunch. lunch.cnbc.com. >> the carmakers out with their latest sales figure bes. autonation ceo spoke on ""squawk box"" wrerl today about what's selling. >> truck sales have gone from "mad money" 47% of the mix a year and a half ago to now over

55% of the mix, and the trend absolutely continues. >> in chicago now with more details on these strong numbers. hi, phil. >> hey, tyler. just getting some new numbers in from hyundai, subaru mercedes. listen to this. best january ever for the following automakers. not just in the last couple of years, but ever. subaru mercedes hyundai, nissan, jeep. bottom line is almost every brand had a big month last month. here are the major automakers. all of these guys are up better than expected with the exception of ford and most of these guys are beating the estimate by 1% to 2%. what's important here is to focus on the big three. gm ford and chrysler because so much of what they sell are trucks, suv's, and crossovers. then you look at what's happened with trucks and suvs. look at general motors first off. sales up 42% for pickup trucks last month. the colorado is just moving into showrooms. it's doing very well. the silverado had a big month.

jeep up 23% last month, and, again, best january ever for jeep, and, finally, let's take a look at ford and the new f-series. now, on the conference call today, sales conference call for the month, they indicated that the volume is growing, but so is demand. transaction prices in january for the f-series up $2,100 compared to january of last year, and the highend versions those are selling so quickly that as soon as they're coming off the truck into the dealerships, the paperwork is you can done. they're calling up the people and they're being sold shipped out immediately. i want to show what you we're going to be looking at a little later this afternoon. this is the annual sales pace. now, we'll get the monthly sales rate for january, and most are thinking it's going to be about 16.5 million. what we are looking at are more and more people in the industry tyler and sue, who are saying, look, we are going to pass 17 million in terms of auto sales for 2015. one final thing to keep in mind a lot of people have been e-mailing me today saying look

we're getting suv sales up just as gas prices are going to start to go up. that's going to hit the brakes on demand. i don't think so. not any time soon. you will have to see gas prices go substantially higher. i'm talking about over $3 a gallon before you start to see a big slowdown in terms of suv and truck demand in this country. back to you. >> quick follow-up, phil. those numbers that you cited, those are year-over-year right? >> correct. january over january, and i know that last january, january of last year you had the snowstorm. >> that's my question. >> bitter cold. it kept people out. when you are having the best january ever it is clear that it's not just an easy comparison here. i also understand january is a slow volume month for the auto industry. that said the commentary on the sales call as well as talking with dealers, there's strong demand out there, tyler. >> you knew what i was going to ask. dominik chu with market -- >> tyler, we're watching shares of hca holdings the nation's

largest hospital operator. the stock is moving. down by a percent and a half. forecast aing lower than expected 2015 full year profit. this after investors shrugged off its better than expected sales forecast and a 24% jump in fourth quarter net profits. the stock, again, down by about 1.5%, tyler, today. back to you. >> dom, thank you very much. >> groundhog day was yesterday. anybody notice? here it is. the same thing all over again. that's waterbury, connecticut, digging out from yesterday's snow but guess what there is more on the way. here's tom nizzle. >> we have plenty of cold air locked in place across the northern u.s. our next weather system is going to put down a large swath of snowfall. let's get to it here. in the wednesday time frame, kansas city, st. louis des moines, you come into play with a couple of inches of snow. the clipper system moves quickly to the east coast so that wednesday night we see the snow across the lower great lakes and ohio valley and by thursday that translates into new england where new york and boston are, again, going to come into play. total snowfall from this event

probably in the range of one to three, three to five inches across the midwest. three to five into boston. five to eight further north towards down east maine. slight changes in the track of the system. however, could mean significant differences in the snowfall. stay tuned for further updates. >> they don't get this weather in naples florida. stocks rallying on hopes of a debt deal in europe. is this the man who could save the euro zone? he is greece's new finance minister. who exactly is he? our michelle carusso cabrera knows. she spoke with him. as we look at the s&p 50000 sectors this hour. all green except for one.

welcome back to power lunch. check out shares of agco the agricultural machinery maker. it has a better than expected fourth quarter result. you can see shares up by 9 cents. other stock equipment stocks higher as well. think about john deere and cnh industrial moving higher. back to you. >> thank you very much. 50 years after her first and her only and very famous novel "to kill a mocking bird" was published the author harper lee is coming out with a sequel. the now 88-year-old -- she's been working on at a long time.

go set a watchman. it will be released on july 14th. amazon.com has preorders at $59.99 for the kindle edition. $33.24. no hard cover editions at this point. barnes & noble so far does not have any preorders listed. sue. >> thank you. the nyse delisting all radio shack shares and suspending trades. also, reports amazon and sprint are considering purchasing radio shack stores. you can see amazon is down just a fraction on the day. office depot and staples higher on reports that the two are in merger talks. wendy's announcing it will sell about 500 restaurants to franchisees franchisees. the hamburger chain planning to shrink stores to 5% of all wendy's branded stores. all right. ty, back to you, guys. >> thank you very much. an bankrupt turn-around for the markets. you know somebody plugged in

the hair dryer here. it's obviously what happened. it wasn't you. it wasn't ron insana and it wasn't me. the curling iron, who did this? here come the lights. the last two sessions is this a sign that risk is back and reflags trade is replacing a deflation trade? ron insana is the editor of insana's market intelligence on market fi.com. you were speaking with a source who was talking about a perverted yield verb meaning that it might actually be steep, but negative. >> here come the lights. go ahead. >> places like switzerland where short rates are negative. long rates are even more negative. in as a deflationary trade. now, in the last two days tyler, we've seen the big snap-backs in oil, in interest rates, in the stock markets around the world, and it's just about everywhere. if you look at japan rates, thief jumped here in the states.

they've jumped in germany. the question is whether this is a counter trend move. you know, counter trend moves can be short sharp, and scary if you are short these markets, and can be corrective after we've seen a 60% decline in oil. now we're up more than 10% in a couple of days. >> you may resume moving the other way. >> i'm not sure we're there yet, but we have massive stimulus coming from the ecb and more from japan. the fed could as we -- you know the fed could stay loose. >> the fed could be in the dark. >> i would guess that for now the risk trade is on and it's a trade. it may not be an investment. sfroo i'm going to bring in michael as we walk over to the main set here. michael, you just spoke to james bullard of the st. louis fed, and he was giving an address in i guess it was, down in dover, delaware. here come the lights again. who cares? we're walking over here. what did he say? he talked about interest rates, and he talked about breaking up big banks. you talked to him. >> well he did, tyler, and we

were presenting at the university of delaware's 2015 economic forecast. it was a lions company event. he said some vaet pretty strong things. he said that the unemployment rate will be below 5% by the third quarter of 2015. he also said this is no ordinary oil price shock. this is going to be persistent and lasting and to quote him exactly, he said this is no small matter. he was asked about too big to

fail, and i said the fed doesn't really know what to do about that. i do. smaller banks. absolutely, unekwifically smaller banks. >> sue, down to you. >> all right, guys. thank you. >> plenty of headlines out of europe this morning, of course. there's one in particular that has been moving the markets, and michelle caruso cabrera that is that report. >> yesterday the markets moved on the one sentence this man made to the world. now those words have spurred a two-day rally. who is this guy, and what is he going to do for your portfolio? next on "power lunch."

sdmrimplts welcome back to power lunch. premarket approval is being sought for the trans-catheter pull moneyary valve. it's based on three political studies. the effectiveness of delaying open heart operations. it's a like of verbiage there, but the stock is up by a percent and and a half. good news for medtronic and medical devices there. >> thank you very much. european markets and the u.s. markets moving higher today, in

part, because of reports about greece's new debt prices. really nobody knows this story better than michelle. >> greek finance minister is making a new deplanned that he was making just last week when this new government came into office. she tried to say. all right. finance minister the guy on the left, on a whirlwind tour of europe. late yesterday he made a big change telling the markets he will no longer push europe to forgive greece a large part of its debt. instead he wants the other european governments for whom greece owes money to accept growth-linked bonds. he explained these to me last

week. they don't have a fixed coupon or interest payment. instead greece would only pay interest and principle when its economy grows and hits certain benchmarks. tyler, this is greece's debted divided up to -- based on to whom they owe the money. this over here this huge pile $195 billion euros to other governments, that's the part he was hoping to get 50% forgiveness on. he has given up cried uncle on that. tomorrow he heads to -- >> that would be governments like germany, like france. >> exactly. >> all the other european companies. >> the big bail-outs. here's the next big pile. the ecb $27 billion for the ecb. or greece does, shall we say. tomorrow he goes to frankfurt to meet where mario because he would also like mario droghi to accept the growth-linked bonds. that's going to be a little tougher, i think. >> you have met him. >> yeah. >> he looks a little like pit bull to me. casual. smiling. what's your read on it? >> i have -- >> where did he come from? >> i have interviewed so many

finance ministers. he is like no other finance minister i have ever interviewed. you can see it in the way he dresses. never wears a tie. >> pit bull i'm telling you. >> you can see from this video from what i can tell he is almost always in a blue shirt, maybe black. for outer wear a leather jacket. he showed up to our interviews in ath oenz a motorcycle. he is a big-time blogger. has been for years. most recently he was a visiting professor at the university of texas in austin. he is also an economic consultant for a video game maker located in bellview washington. he calls himself a libertarian marxist. >> contributory, i think. he is a fan of carl marx wresh is not a fan of margaret thatcher. he is famous for saying things like greece's bail-out program is fiscal waterboarding. he calls jean claude the former head of the ecb, the idiot. the worst central banker in history. he has told hedge funds that greece has lots of leverage over its other lenders. it's called italy. meaning he thinks that if they

let greece go out of the euro that italy will also be at risk. >> they'll get a better deal. >> exactly. >> and -- >> exactly. >> he has never shied away from the press even long before he was the finance minister when he was a professor. he was a frequent guest on cnbc particularly in europe and even those who disagree with him, think he is extremely smart. he is very critical of the structure of the european union. this is just an example of what he told us last week. >> i believe that a disservice for the european sxwrun the ecb to paint it as a monster that's about to pounce upon a member state and a freshly democratically elected government. i don't think the ecb is in the business of doing that. >> that was his response to when the ecb can bring the country to its knees. he doesn't think they're going to do that. we'll see. >> thank you very much. interesting. watch him. down to you. >> all right guys. thank you very much. gold prices are closing right now. let's see where we are. we're down $16.40 on the close on the gold market.

that's better than 1 1/3%. silver platinum, and paladium have been actively traded. we have a gain of -- a considerable gain of better than 3% in the copper market and silver is also moving higher. fractional moves in paladium and platinum. back up to e.c. for a marketplace flash where let's go to rick in chicago. >> you are getting a lot of counter trend moves. i'm not sure the market is ready for it. just consider we're up 9.5. we're up nine basis points and tens. up 9.30s.

that's called a parallel move in the yield kufsh. let's look at some 13th of january charts. on the five-year, look at the left side. see that extreme price. that price was a 112 yield. never came close to it on the right side, and now we're well up closing in on 130. look at the 30-year. that level is 336 on the left side of the chart. we traded 11 basis points through it. now we're at or above. this is hugely significant. if you are a technician, let's see what's going on in boonzs. let's look at the chart in december. wow, 34 basis points. you see the chart. now loots look at jgb. they're higher. unusual. last chart, let's go to september of 2012. all the way back on $1 versus the chinese currency. yes, we're just covering the levels we've seen in the spring of 2014 last year. we are just whispers away from trading to the best level on the greenback sense the fall of 1012. tyler, sue, back to you. >> thank you very much. rick, gas prices starting to tick higher. i've noticed it. probably you have too. the recent lows are having an

impact on main street businesses. a look at just how much of an impact after this. plus is google crossing over into uber's lane with its own ride-hailing service? we'll talk about that when "power lunch" returns in two. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away

for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. why pause the moment? ask your doctor about cialis for daily use. for a free 30-tablet trial go to cialis.com

what's that thing? i moved our old security system out here to see if it could monitor the front yard. why don't you switch to xfinity home? i get live video monitoring and 24/7 professional monitoring that i can arm and disarm from anywhere. hear ye! the awkward teenage one has arrived!!!! don't be old fashioned. xfinity customers add xfinity home for $29.95 a month for 12 months. plus for a limited time, get a free security camera call 1800 xfinity or visit comcast.com/xfinityhome.

welcome back to power lunch. the market flash on twitter. shares flying higher on the announcement that they'll start publishing its native ads outside its own platform. starting trend promoted tweets on flip board and yahoo japan. this is the company that works to boost its ad revenue and help marketers reach more consumers. it's now coming two days ahead of twitter's quarterly earnings report. twitter shares now up over 6%. sue, over to you. >> all right julia. thank you. we are up 234 points on the dow jones industrial average. triple digit rally 1 1/3%. s&p up almost a full percent. a half of a percent gain for the nasdaq. market analyst kenny and bob pasani. it has a good feel to it today. >> it does have a better feel than we've had. we can talk about oil and

bullish comments. we can talk about the fact that you know it's finally feeling like it's found some stability around the 100 day, 2012 2015 and it certainly has. it's used that as a launching point now as -- i think the bullish comments though are really fueling. >> i think they are too. >> weights been bothering the markets? oil? shows signs of bothering. 34 a week ago. 51 today. copper is even starting to bottom out. bond yields have been bottoming out. if you get stability, the market will stabilize. that's exactly what we've been seeing happening. i don't know how long it's going to hold together but it's certainly a good sign. that's why the markets have been better. i also think the new tone -- it's certainly helping again today. i think these broader issues are now what's going to fuel the

market. >> in a sense we're in the easy half of the earnings cycle. today is the 50% mark. by the way, the s&p 50% of the s&p is now reported. the numbers have been coming down until about a week ago, and now they started going up. >> we have all the bad news for the front end loaded. the second half of the earnings cycle. >> it was interesting that i got a call yesterday because exxon came out with a negative number although less negative than -- and, yet, they took the stock up as they took all the energies up. you got to look at them. some are down 20%, 30%. a 2% 3% move is really great. >> it's the great debate. i can tell you that the big question the last month that i've gotten is xop and oh. xop is the expiration production etf, and -- every day people say is this the time to buy?

i sort of stay neutral on this. the only thing zoosh you usually do. >> oil has only five times in 30 years has oil dropped 30%. all five times it's been high are six times from now. on average 50%. if the historic pattern holds if the pattern holds, it will be in the 70s. that's a hot topic of debate. i'm only saying that's the historic pattern. >> very quickly -- >> that's where people think, though, it should kind of fooint find stability is in the $70 range. >> all right. on that note thanks guys. appreciate it. ty, back to you. >> interesting conversation. gas prices starting to take a little bit higher. of course those recently falling oil prices are having a big impact. kate roger has that story. >> they're helping main street in more ways than one. we'll have that story coming up ahead on "power lunch."

know that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. you just got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your entire operations, from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extraordinary done.

♪ ♪ welcome back to power lunch.

we're watching canadian solar soaring after announcing it will awire current energy from sharp electronics for about $265 million. a discount to what it was bought for earlier. the stock is currently up by 24% on part of that bit of news. back to you. >> dom, thank you very much. oil rallying again. erasing losses for 2015. let's look at the west texas crude. up $3.42. almost 7% today alone. nearly $53. brent is pushing in on $58. crude prices have surged about 13% in just the past four days. >> quester finds that main street benefits are due to falling crude going beyond just consumer spending. some businesses are able to save and invest.

take a look. >> for joef eski mmi e candy company, low gas prices mean boosted bottom lines. the candy manufacturer and retailer says in the past few months on-line sales have increased by 15% as the price of the pump continues to fall. >> people have more money in their pocket to make those discretionary purchases like candy. >> quester research reports that more than 75% of small and medium size businesses have been positively impacted by falling crude. with 20% saving the cash 19% investing in employees, and another 19% just operating as usual. james viedo is sitting tight. his drivers burn 10,000 gallons of fuel per week and his excavation contracting company in tempe, arizona. low gas prices are helping now, but what matters more for future

jobs is whether they will stay. >> good story. thanks very much. sue, back to you. >> we're up 225 points on the dow jones industrial average. stocks are obviously rallying. the major averages set to open the month with twol done sicktive up days. something that hasn't happened believe it or not, since last july. power lunch is back in two minutes time.

73% of americans try... ...to cook healthy meals. yet up to 90% fall short in getting key nutrients from food alone.

let's do more... ...add one a day 50+. complete with key nutrients we may need. plus it supports physical energy with b vitamins. one a day 50+ have you heard of the new dialing procedure for for the 415 and 628 area codes? no what is it? starting february 21, 2015 if you have a 415 or 628 number you'll need to dial... 1 plus the area code plus the phone number for all calls. okay, but what if i have a 415 number, and i'm calling a 415 number? you'll still need to dial... 1 plus the area code plus the phone number. so when in doubt, dial it out!

we have a developing story in the world of sports. particularly golf. there is a lawsuit being filed by a number of caddies on the professional pga tour seeking damages for this idea that they have to wear corporate sponsor logos on their bibs when they're servicing their particular caddie relationship with players. caddies are forced had he say,

to wear corporate-sponsored logo that is are required by the pga tour. the world of sports where we know everything has a price tag now in the world of golf. caddies say it's their time. they want to be paid for this idea that you have to wear corporate sponsored logos required by the pga tour and the pga tour is not compensating them adequately for this kind of activity. tyler. >> are the bibs usually associated with the tournament or the tournament sponsor, or are they sold separately? >> they should sponsors in other ways in the pga tour. at issue for a lot of the caddies whether or not they are required to wear those and whether or not they should be paid. it's alleged the pga tour is being compensated by corporate sponsors for wearing those logos, but not passing any of that along on to the caddies

themselves. if you want to think of it it's like the idea that you don't pay collegiate athletes for the services they provide their particular colleges. in this case here we're taking that story and translate it into the world of golf. tyler. >> thank you very much. sue, down to you. the dow jones industrials rallied. we're at 228 points. now 230 points. the best for the dow since early january. it tracks those stocks, and it's strongly to the up side by 3%. the pharma and construction machinery maker posting better than expected first quarter results. it's up almost 9%. now, if you miss any of the big stories in the past hour go to our website at power lunch.cnbc.com. ty, back to you. >> sue, is there a battle brewing between google and uber?

google could be creating its own ride-hailing service. meanwhile, uber is interested in making driverless cars the kind of thing that google has been working on. we're going to go behind the wheel next. what can your fidelity greenline do for you? just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement.

and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review.

>> google may be uber's largest investment to date but the tech giant may be going from friend to foe. google preparing to offer its own ride-hailing service likely in conjunction with its driverless cars project. just alast monthly phil lal bow traveled in an autonomous vehicle. can you see him waving there hands-free to us. he said that we are still quite some time away.

we know uber is developing mapping and driverless car technology. they announce the partnership with cardinal ge give melon university, and that puts them right in google's crosshairs. uber's ceo has talked about seeing his company at some point maybe as a logistics company. not just with products -- not just for passengers, but products. google already in that game with google express. interesting how that alliance shifts down the road sfwloosh you know. >> let me tell you what i think will be barriers to entry. one is i think regulators are

going to take a long long long time before these things get sort of road-safe and road-tested. the other thing is liability and insurance because i'm telling you, it's going to raise their costs. >> this is why you're going see for the foreseeable future -- i predict probably 15, 20 years down the road at least there will always be the requirement that there is somebody in the passenger and the driver's seat. now, it may be that you have a vehicle that is largely autonomous driven, but they're going to want you to be in the driver's seat so if something happens, somebody, a human, can always take control. there's no doubt that technology for autonomous drive vehicles is coming along very quickly. faster than many people expected. it's there. it's going to be thering very quickly. what's not going to be there is the uber car with nobody in it coming to your house to pick you up to take you to a baseball game. that's not going to happen. that is not going to happen. you are going to be required to

be in that driver's seat at least. i think people need to understand autonomous drive and driver's cars, two separate things here. >> josh pick it up there. i mean what are the ultimate aspirations of these two companies in this sphere? >> first off, to pick up on phil's point, one, even those who are most excited about, this you know ceo ceo travis says listen we talk about this technology. he says utsz a multi-decade transition. he his follow toerz check back. you talk to financial analyst who's follow google i was on the phone this morning with colin gill is from bcg, and he says it makes long-term sense. you can see how google, for example, doesn't want to keep losing to amazon. it doesn't want you to think of -- when tooifrl is looking for products they don't want you to go to amazon.com. to do that they do need to build

out their own logistics service, and that's what are you seeing with google express. it's a long-term play. >> it's going to be called guber, guys. phil josh accident thanks very much. sue, down to you. >> ty thank you. the oil market is a session highs for west texas intermediate, and that is pushing the dow jones industrial average towards its session highs on the trading session. we're up almost 8% on west texas intermediate, and we're up almost 6% on ice brent crude. now, the dow jones industrial average just popped to the up side another 1.5%. 256, almost 257 points to the up side. better than 1% gain for the s&p 500. the nasdaq is up two-thirds of a percent, and the russell is up almost 1.5%. big moves in the currency markets, and in the bond market today. the u.s. dollar against the euro having some major moves. the euro moving to the down side earlier on but then turned right around and moved towards its session highs. and in terms of interest rates, we had a sell-off in the treasury market, and that has

moved bond yields, ty all the way across the yield curves. >> it's so interesting how traders love falling oil prices until they don't love fall oil prices. then they love rising oil prices. >> that's where we are. >> that's why stocks are up 250 some points. sue, good to see you. hurry home. that's it for this edition of "power lunch." >> street signs starts now. and stocks are soaring. the dow up more than 250 points as oil breaks back above $50 a barrel. welcome to a very big "street signs." it is a big day for crude for gasoline and even for the dow and, mandy, it does is it look like investors and stocks like higher oil. >> you are absolutely wright right. we'll get more on oil in a second. first, these markers. with the begins yesterday and today, stocks have clawed back over half of their january losses. by the way, we've been talking a lot about those spra-sized moves within the trading day. if the dow is 1% or more again,